Click below for the
Residential Loan Application

• Loan Application (provided)
• Real Estate Sales Contract (for purchases only)
• Current pay stubs reflecting year-to-date income (30 days)
• W-2's for the most recent two years or if you are self-employed, two years tax returns with all schedules and a year-to-date profit and loss statement
• Most recent two months statements for all deposit accounts including savings, checking, investment, IRA's and 401K accounts--all pages of statements.
• Legal description of property--provide either a title policy, copy of deed or plat of survey, if available
• Real Estate tax bill (for refinances only)
• Copy of homeowner's insurance declaration page or, if not available, please provide name and phone number of insurance agent
• Monthly mortgage statement of current lender (for refinances only)

Estimated Costs for Refinancing Application Fee $300.00 Document preparation fee $100.00 Flood determination report $  14.00 Recording charges $108.00 Appraisal fee $280.00 Overnight mailing fee $  18.30 Loan title policy, see below $300.00 Estimated Subtotal $1120.30

Estimated Costs for Purchases Application Fee $300.00 Document preparation fee $100.00 Flood determination report $  14.00 Recording charges $108.00 Appraisal fee $280.00 Overnight mailing fee $  18.30 Loan title policy (est.) $300.00 Title company closing fee (est.) $600.00 Estimated Subtotal $1720.30

Additional Costs

Loan title policy of insurance [for refinances only] (cost is based upon loan amount)

Odd days interest (interest from date of closing to end of month)

Escrow for real estate taxes and home owners insurance (escrow not required for loan values of 80% or less)

One point loan origination fee (one percent of the loan amount) for loans in excess of $417,000

For more information, contact Mike Neese at (815) 943-5261, fax (815) 943-7844 or by email at loans@harvardsavingsbank.com